Company / Goodwill
Ares Management Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$3.5B
FY2025
5-year range
$788.0M / $3.5B
FY2021-FY2025
Trend
+197.1%
vs FY2024
Sector context
#50 of 320
Financials
What the data says
Ares Management's goodwill of $3.5B is higher than 84% of companies in the Financials sector (FY2025). Goodwill has increased for 7 consecutive years, from $144M in FY2018 to $3.5B in FY2025.
Based on SEC 10-K filings.
$3.5B in FY2025 with a 5-year CAGR of +56.2%. Top quartile in the Financials sector.
Improved from $1.1B to $3.5B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +51.2%
- 5-Year CAGR
- +56.2%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in FinancialsTop 16% of 320This company $3.5B Sector average $2.9B
▼
+17.4% above sector average
Key checks
Key Insights
- Ares Management's goodwill has grown for 7 consecutive years.
- 5-year CAGR of +56.2%, indicating consistent growth.
- In FY2025, goodwill increased 197.1% year-over-year.
- Ranks #50 out of 320 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.5B | +197.1% |
| FY2024 | $1.2B | +3.4% |
| FY2023 | $1.1B | +12.4% |
| FY2022 | $999.7M | +26.9% |
| FY2021 | $788.0M | +112.4% |
| FY2020 | $371.0M | +157.9% |
| FY2019 | $143.9M | +0.0% |
| FY2018 | $143.8M | -0.1% |
| FY2017 | $143.9M | +0.1% |
| FY2016 | $143.7M | -0.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026